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THE SALE OF GOODS ACT, 1930 · RIGHTS OF UNPAID SELLER AGAINST THE GOODS — Unpaid seller’s lien

Section 49 — Termination of lien

(1)The unpaid seller of goods loses his lien thereon—
(a)when he delivers the goods to a carrier or other bailee for the purpose of transmission to the buyer without reserving the right of disposal of the goods;
(b)when the buyer or his agent lawfully obtains possession of the goods;
(c)by waiver thereof.
(2)The unpaid seller of goods, having a lien thereon, does not lose his lien by reason only that he has obtained a decree for the price of the goods.